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MTB launches Mastercard Business Credit Card and onboards Walmart Global Sourcing Bangladesh Private Limited as its very first client

Mutual Trust Bank Limited (MTB) and Mastercard launched Business Credit Card Solution yesterday. Walmart Global Sourcing (WMGS) Bangladesh Private Limited availed the solution as the first client.

Designed to meet the unique challenges faced by modern enterprises, MTB Mastercard Business Credit Card is set to redefine the way businesses manage their financial transactions. Businesses can manage their expenses efficiently and effectively with this newly launched solution, be it travel & entertainment expense or marketing expense or any other business expense. The card is a dual currency card and can be used for international transactions in line with the guidelines issued by Bangladesh Bank.

A business entity can nominate its employees or owners to receive cards and it can nominate any number of individuals. The card will contain both business entity’s name and cardholder’s name. The total credit limit sanctioned for a business entity will be divided among the nominated individuals.

MTB Mastercard Business Credit Cardholders will enjoy complimentary access to MTB Air Lounges at Hazrat Shahjalal International Airport (both Domestic & International Terminal), Dhaka; Shah Amanat International Airport (Domestic Terminal), Chattogram; Osmani International Airport (Domestic Terminal), Sylhet; Saidpur Airport and Cox’s Bazar Airport. Cardholders travelling overseas will also be able to avail of meet and greet services at Hazrat Shahjalal International Airport.

“This launch signifies a significant milestone for Mutual Trust Bank Limited (MTB) in Bangladesh, reinforcing its position as a leading provider of innovative financial products and solutions. Through strategic collaborations with esteemed organizations like Mastercard and Walmart Bangladesh, we shall continue to drive digital transformation and contribute to the growth of the country’s financial ecosystem,” said Syed Mahbubur Rahman, Managing Director & CEO, Mutual Trust Bank Limited (MTB).

“Mastercard is committed to strengthening Bangladesh’s digital economy and its digital payments ecosystem by introducing new and exciting products and solutions for its partners. This collaboration with Mutual Trust Bank Limited also reiterates the company’s resolve to provide convenient and secure payment options to people and businesses, to instill a digital-first approach in them,” said Vikas Varma, Chief Operating Officer, South Asia, Mastercard.

“Mastercard is thrilled to collaborate with Mutual Trust Bank Limited (MTB) and Walmart Bangladesh to launch this business credit card. The new business credit card will not only ensure seamless and safe digital transactions but also support cardholders with travel and business expense management. The launch highlights Mastercard’s endeavor to introduce innovative products and solutions that elevate cardholder experience and further the digital transformation of Bangladesh,” said Syed Mohammad Kamal, Country Manager, Bangladesh, Mastercard.

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